Hakim Dorith 4
4 · CPI AEROSTRUCTURES INC · Filed Jun 20, 2024
Insider Transaction Report
Form 4
Hakim Dorith
DirectorCEO and President
Transactions
- Award
Common Stock
2024-06-16$2.73/sh+98,718$269,500→ 270,182 total - Disposition to Issuer
Common Stock
2024-06-16−19,110→ 251,072 total - Tax Payment
Common Stock
2024-06-16−9,313→ 241,759 total
Footnotes (3)
- [F1]Represents 98,718 shares of the Issuer's restricted Common Stock issued to the Reporting Person pursuant to the Issuer's Amended and Restated 2016 Long-Term Incentive Plan. The shares vest in four annual installments.
- [F2]Represents shares of the Issuer's Common Stock forfeited to the Issuer as of the transaction date, made pursuant to the terms of certain Restricted Stock Agreements made between the Reporting Person and Issuer, dated October 13, 2022 and June 28, 2023, respectively.
- [F3]Represents shares returned to the Issuer to pay withholding tax pursuant to the terms of certain Restricted Stock Agreements made between the Reporting Person and Issuer, dated March 10, 2022 and October 13, 2022, respectively.